For the year ending 2025-12-31, SYF-PB made $33,829M in revenue. $4,621M in net income. Net profit margin of 13.66%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Interest on cash and debt securities | 903 | 1,049 | 808 | 265 |
| Interest and fees on loans (note 5) | 21,698 | 21,596 | 19,902 | 16,881 |
| Total interest income | 22,601 | 22,645 | 20,710 | 17,146 |
| Interest on deposits | 3,330 | 3,806 | 2,952 | 1,008 |
| Interest on senior and subordinated unsecured notes | 388 | 401 | - | - |
| Interest on borrowings of consolidated securitization entities-Variable Interest Entity Primary Beneficiary | 417 | 427 | 340 | 196 |
| Interest on senior unsecured notes | - | - | 419 | 317 |
| Total interest expense | 4,135 | 4,634 | 3,711 | 1,521 |
| Net interest income | 18,466 | 18,011 | 16,999 | 15,625 |
| Retailer share arrangements | 4,005 | 3,407 | 3,661 | 4,331 |
| Provision for credit losses (note 5) | 5,225 | 6,733 | 5,965 | 3,375 |
| Net interest income, after retailer share arrangements and provision for credit losses | 9,236 | 7,871 | 7,373 | 7,919 |
| Interchange revenue | 1,067 | 1,026 | 1,031 | 982 |
| Debt cancellation fees | - | - | - | 387 |
| Protection product revenue | 596 | 562 | 510 | - |
| Loyalty programs | 1,438 | 1,382 | 1,370 | 1,257 |
| Other | 295 | 1,315 | 118 | 268 |
| Total other income | 520 | 1,521 | 289 | 380 |
| Employee costs | 2,093 | 1,872 | 1,884 | 1,681 |
| Professional fees | 936 | 936 | 842 | 832 |
| Marketing and business development | 511 | 524 | 527 | 487 |
| Information processing | 899 | 803 | 712 | 623 |
| Other | 696 | 704 | 793 | 714 |
| Total other expense | 5,135 | 4,839 | 4,758 | 4,337 |
| Earnings before provision for income taxes | 4,621 | 4,553 | 2,904 | 3,962 |
| Basic (in usd per share) | 9.38 | 8.64 | 5.21 | 6.19 |
| Diluted (in usd per share) | 9.28 | 8.55 | 5.19 | 6.15 |
| Weighted average common shares outstanding, basic (in shares) | 369,900,000 | 396,500,000 | 421,200,000 | 480,400,000 |
| Weighted average common shares outstanding, dilutive (in shares) | 373,900,000 | 400,600,000 | 423,500,000 | 483,400,000 |
Synchrony Financial (SYF-PB)
Synchrony Financial (SYF-PB)